Did the Price of Gold Just Form a Bottom? Silver, the Devil’s Metal, Too?
ThinkstockIt was looking this morning as though gold could be ready test even new lower lows based on the trading tape action of late. Suddenly, a 2% gain in the price of…
ThinkstockIt was looking this morning as though gold could be ready test even new lower lows based on the trading tape action of late. Suddenly, a 2% gain in the price of…
ThinkstockThe news flow over the weekend and on Monday helped to drive the price of gold higher after one monster sell-off this year. Reports of spot gold shortages and premiums being paid…
ThinkstockIt is no secret that the gold bugs got squashed, but Wall St. analysts are starting to have something different to say. The price of gold broke from a peak of close…
ThinkstockMining for gold and other metals is a messy business. In some cases, the public might just want to think of it like boudin because no one wants to know how it…
ThinkstockLast year marked the twelfth consecutive year for rising gold prices. But that could be the end of the yellow metals string. Since the beginning of the year, gold ETFs have sold…
ThinkstockThis will not sound nice, but it isn’t meant to: It really sucks to be a gold miner right now. Gold prices have lost the wind at their back, gold production prices…
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is investing in…
ThinkstockThe World Gold Council has issued its new report for 2013 and reviewing 2012 on gold, and it offers some great and perhaps stunning insight if you read through the reports and consider…
ThinkstockIn an effort to meet their rising debt obligations, central banks around the globe have been printing money at a frantic pace. This phenomena is also leading to a global battle in which…
ThinkstockDeutsche Bank A.G. (NYSE: DB) has joined a growing list of investment banks cutting their forecasts on precious metals for 2013 and 2014. By cutting their estimates for gold and silver and…
ThinkstockGold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for the price…
ThinkstockGold futures closed below $1,650 an ounce on the Comex last night, sharply lower than the $1,700 or so the yellow metal fetched at the beginning of December 2011, but well above…
Any Wall St. pundit will tell you that the overprinting of money is a train wreck waiting to happen. The Federal Reserve balance sheet sits at almost three trillion dollars after two rounds…
There are two schools of thought regarding the reaction of precious metals to the eventual resolution (or non-resolution) of the current negotiations on the U.S. fiscal cliff. If the two sides can…
ThinkstockIf you have been watching the price of gold in recent months the big assumption would be that global gold demand is through the roof. It isn’t. The World Gold Council (WGC)…